If a neoclassical model shows increasing wages in the economy over the long run, what else will likely occur?.

Answers

Answer 1

An increase in the inflationary price level is another possibility if a neoclassical model predicts rising wages in the economy over the long run. Hence, Option A is correct.

What is  inflation?

In the study of economics, inflation is the broadening of price increases across the board for goods and services in a nation. A decrease in the purchasing power of money results from an increase in the general price level, which makes each unit of currency buy less in goods and services. This is why inflation is a result of rising prices generally.

The rate of price growth over an extended period of time is known as inflation. The cost of living in a nation has increased, or prices have generally increased. These are examples of broad measures of inflation.

The main cost of inflation is the erosion of real income that results from unevenly growing prices, which unavoidably lowers certain customers' purchasing power.

Therefore, Option A is correct.

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The complete question is attached in text form:

If a neoclassical model shows increasing wages in the economy over the long run, what else will likely occur?

inflationary increase in price level

short-run decrease in cyclical unemployment

change in government policy to decrease in aggregate demand

substantial short-term off-setting decrease in output


Related Questions

in a given county, the population size is decreasing because there are fewer prereproductive-aged individuals in the population. which of the age structure diagrams best illustrates the population of this county?

Answers

The age structure diagram is attached below.

The size of a population is the total number of people in it. The likelihood of a species surviving or going extinct is influenced by population size. The risk of death is typically greatest for populations that are very small.Population size in population ecology and population genetics refers to the total number of individuals in a population. The fundamental source of phenomena like population bottlenecks and the founder effect is population size, which is directly related to genetic drift.A population pyramid, often called a "age structure diagram" or a "age-sex pyramid," is a visual representation of how people are distributed across age and gender categories in a given community. It often has the shape of a pyramid when the population is expanding.

Thus this is the meaning of population size.

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The most important development that led to the settlement of Western
Canada by European immigrants was;
A. the exploration of the west coast by Captain James Cook
B. the building of the Canadian Pacific Railway
C. the discovery of gold in British Columbia and the Yukon
D. the westward migration of the Cree people

Answers

Answer:

B

Explanation:

It was the hub of the Canadian Pacific Railway, and usually the arrival point of immigrants, who would then disperse into the vast Prairies.

The correct answer is option (B) the building of the Canadian Pacific Railway.

The most important development that led to the settlement of Western Canada by European immigrants was the building of the Canadian Pacific Railway.

What was the most significant impact of the Great Migration on Canada?

There were frequent outbreaks of diseases like cholera in Lower Canada as a result of overcrowding on immigrant ships, which spread to the local urban populations and exacerbated the need for quarantine facilities like those on Grosse Isle, Quebec, and Partridge Island, New Brunswick.

Accessible transportation, free homesteads, safety, and employment in Canada as well as overcrowding, underemployment, discrimination, and environmental issues in the immigrants' native countries all had a role in this immigration wave. The society, economy, and culture of Canada were later influenced by this period of population growth.

Immigrants support our economy by spending money on commodities, housing, and transportation in addition to filling labour shortages and paying taxes. Health care and other benefits for Canadian retirees are covered by the income tax that working Canadians pay.

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pat does not follow what the teacher is doing and has difficulty focusing on the task at hand. his behavior in class is disruptive because he cannot sit still, which leads to poor grades in school. these symptoms most likely indicate: a. attention-deficit/hyperactivity disorder. b. school phobia with acting out. c. dyslexia with childhood anxiety. d. a conduct disorder.

Answers

ADHD frequently manifests in early childhood and can last into adulthood. Low self-esteem, problematic relationships, and challenges at school or at work may all be impacted.

Describe attention deficit/hyperactivity disorder?A long-term condition characterized by impulsivity, hyperactivity, and trouble paying focus.ADHD frequently manifests in early childhood and can last into adulthood. Low self-esteem, problematic relationships, and challenges at school or at work may all be impacted.One of the most prevalent neurobehavioral diseases in children is ADHD. It is often first diagnosed in infancy and frequently continues into adulthood.Attention-deficit/hyperactivity disorder (ADHD) affects millions of kids and frequently persists into adulthood.Adult symptoms include: not paying attention to details, starting new projects before completing old ones, and being irresponsible.

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Research showed that sleep would help an individual learn new tasks. The study also showed that ______ was found to be most significant in recalling tasks learned the previous day.

Answers

Research showed that sleep would help an individual learn new tasks. The study also showed that Non REM sleep was found to be most significant in recalling tasks learned the previous day.

What is non REM sleep?

Dreamlessness is the definition of non-Rem sleep. It is very likely that you spend one and a half hours in dreamless NREM sleep if you sleep for 7-8 hours each night. During non-REM sleep, sluggish brain waves begin to be released. These waves slow respiration and heart rate in addition to having a high voltage. It is advised to avoid drinking alcohol in the hours before bed because it can decrease the amount of REM sleep that is experienced.

Non-REM sleep can be divided into four stages i.e. stage 1, stage 2, stage 3, and stage 4. Stage 1 happens during the beginning of the sleep cycle.

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dr. brimfield believes that humans learn best when they are given the opportunity to act on their environments and make associations between their behavior and the resulting consequences. dr. brimfield believes in

Answers

Humans learn best, according to Dr. Brimfield, when given the chance to interact with their surroundings and form linkages between their actions and the outcomes. In operant conditioning, Dr. Brimfield has faith.

Describe operant conditioning.

Operant conditioning, also termed as instrumental conditioning, is a learning technique often attributed to B.F. Skinner in which the likelihood that a response would be repeated depends on its outcomes. Operant conditioning makes it such that behaviors that are reinforced (rewarded) are more likely to be repeated while behaviors that are punished are less likely to occur.

In his theory of operant conditioning, B. F. Skinner defined the concept of positive reinforcement. A response or behavior is strengthened by rewards in positive reinforcement, which encourages repetition of the desired activity. The reward acts as a motivating factor.

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bureaucracies often face what is known as the principal-agent problem; the principal (the president or congress) must rely upon an agent (here scott pruitt) to carry out functions of parts of the bureaucracy. in what ways do the events in the new clips illustrate this problem?

Answers

When elected officials are motivated to act in their own interests rather than as agents for the people, who are the principals, the principal-agent issue can arise.

There is much pressure on elected politicians, appointed officials, and lobbyists to take actions contrary to the interests of the people.

The conflict of interests between the owner of an asset and the person to whom control of the asset has been transferred is known as the principal-agent dilemma. The issue can arise in a variety of contexts, including the connection between a client and a lawyer and that between stockholders and a CEO.

Moral hazard in economics refers to when one individual takes additional risks because those risks are paid for by another. You enroll in health insurance, and since your injuries will be covered by someone else's policy, you choose to start BASE jumping.

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beth is completing high school, and she is unsure of her career goals. she does know that she is a good problem solver, is very creative, and works easily with complex equipment. which career is beth best suited for?

Answers

The best career that Beth is best suited for is AV technology.

Define A/V technology.

Since 2008, AV technology has benefited the professional audiovisual sector. To broadcast both visual and auditory content, AV or audio-visual technology is used. In essence, these systems cooperate to make sure that the image and sound are in perfect sync.

They participate in the delivery of audio, video, and data to audiences in places like corporate boardrooms, lodging facilities, convention centers, educational facilities, theme parks, stadiums, and museums. Radio, movies, visual displays, projectors, and other forms of audio-visual technology are the most often used ones. The term "AV" is now used to denote the equipment that records and transmits audio and video signals.

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which orientation has a co-cultural group adopted when they try to actively adapt to the dominant group (e.g. by communicating self, intragroup networking, using liaisons, and educating others)?

Answers

assertive accommodation  has a co-cultural group adopted when they try to actively adapt to the dominant group.

what is Assertive accommodation ?

Efforts to promote networking and connection building between dominant and non-dominant groups as well as other co-cultural groups are used in assertive accommodation.

What are some co-cultural examples?

Race, ethnicity, culture, nation of origin, gender, sexual orientation, age, mental and physical ability, class, and religion are just a few examples of co-cultures. Your co-cultures and the reasons you identify with them shape your identity (or personal culture).

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